Profile: Semafo Inc (SMF.TO)
SMF.TO on Toronto Stock Exchange
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SEMAFO Inc. (SEMAFO) is a Canadian-based mining company with gold production and exploration activities in West Africa. The Company’s subsidiaries are engaged in gold mining activities including exploration, development and operations. The Company operates three gold mines: the Mana Mine in Burkina Faso, the Samira Hill Mine in Niger and the Kiniero Mine in Guinea. The Mana gold deposits and mines are located in southwest Burkina Faso, in the provinces of Bale and Mouhoun, about 200 kilometers by road from the capital of Ouagadougou. The Samira Hill Mine consists of open pit mines operating different deposits within the Boulon Djounga and Samira-Libiri mining permits, and associated carbon-in-leach (CIL) mill and infrastructure, and it is located approximately 100 kilometers west of the capital city Niamey. The Kiniero Mine is an open pit mine operating the Jean Gobele and Ouest Balan gold deposits, and a CIL mill and infrastructure in the Kouroussa prefecture in Guinea.
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